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Nov 17, 2021

RBI Governor bullish about Indian economy, says consumption demand returning fast

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday said that the consumption demand is resuming, which will get a further boost in view of the recent cut in excise duty and value added tax States. ...

BUREAUCRATS INDIA
Nov 16, 2021

Input tax credit fraud of around Rs 34 crore involving 7 firms unearthed, one held

New Delhi: Based on specific intelligence, the officers of the Anti-Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi-East, have unearthed a case of utilization and passing on of inadmissible input...

BUREAUCRATS INDIA
Nov 15, 2021

PPPs crucial for investment and technology efficiency for waste management in India: Union Minister Hardeep Singh Puri

NEW DELHI: Union Minister of Housing & Urban Affairs, and Minister of Petroleum and Natural Gas Hardeep Singh Puri has said that public-private partnerships will be vital for financing, low-cost technologies, new business...

BUREAUCRATS INDIA
Nov 10, 2021

India poised to achieve services export target of $1 trillion by 2030: Union Minister Piyush Goyal

New Delhi: Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Goyal has said that India is poised to achieve services export target of $1 trillion by 2030. He was address...

BUREAUCRATS INDIA
Nov 03, 2021

Minerals concession Rules 2021 to usher next era of growth in Indian mining sector: FICCI

New Delhi: The Union Government has notified the Minerals (Other than Atomic and Hydrocarbon Energy Mineral) Concession [4th Amendment] Rules 2021, paving way for converting abundant mineral resources of the country into mine...

BUREAUCRATS INDIA
Nov 03, 2021

Ensure legitimate business decisions by bankers are not questioned in hindsight: FICCI

New Delhi: FICCI has expressed its concern over the recent arrest of a senior banker of a leading public sector bank. Commenting on the incident, Uday Shankar, President, FICCI, said: “This is an alarming developme...

BUREAUCRATS INDIA
Oct 28, 2021

Empowering MSMEs, rural enterprises with holistic banking

MSMEs are an important pillar of the Indian economy. Like agriculture, which supports nearly 10 crore farming families, MSMEs are also a major employer helping about 10 crore Indians earn a living and contribute 30 per cent to India’s GDP. A...

BUREAUCRATS INDIA
Oct 19, 2021

Syngenta India gives an infrastructure boost to three Malegaon government schools

Malegaon (Maharashtra): Committed to improving rural prosperity, Syngenta India has upgraded infrastructure of three government schools in Malegaon under its CSR program. The new facilities, built under Maharashtra Government...

BUREAUCRATS INDIA
Oct 19, 2021

CCI approves acquisition of worldwide healthcare BPO services of Hinduja Global Solutions by Betaine BV

New Delhi: The Competition Commission of India (CCI) has approved the acquisition of the worldwide healthcare BPO services of Hinduja Global Solutions Limited by Betaine BV. The proposed combination pertains to the proposed a...

BUREAUCRATS INDIA
Oct 19, 2021

CCI nod to acquisition of Global Content Alpha Partners Holdco by Starnmeer BV

New Delhi: The Competition Commission of India (CCI) has approved the acquisition of Global Content Alpha Partners Holdco Pte Ltd (GCAPH) by Starnmeer BV under Section 31(1) of the Competition Act, 2002. Starnmeer, a recently...

BUREAUCRATS INDIA
Oct 18, 2021

Suresh Bose assumes charge as CHRO of Jindal Stainless

New Delhi: Suresh Bose has been appointed Chief Human Resources Officer (CHRO) with immediate effect. Bose, as the leader of HR functions, will be responsible for driving people strategy, workplace culture, talent management ...

BUREAUCRATS INDIA
Oct 18, 2021

India has opportunities galore amid current reset in global supply chain: FM Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman has said that opportunities are galore in India for all investors and industry stakeholders with the current reset in the global supply chain and clear head...

BUREAUCRATS INDIA
Oct 13, 2021

Syngenta India to invest Rs 2.89 crore to build a modern wayside market for farmers in Wanaparthy

Wanaparthy (Telangana): Continuing its efforts to empower farmers, leading agri business company Syngenta India has announced an investment of Rs 2.89 crore to build an ultra-modern wayside market in Wanaparthy. This shall be...

BUREAUCRATS INDIA
Oct 11, 2021

FICCI Economic Outlook Survey projects GDP growth at 9.1 pc for 2021-22

New Delhi: The latest round of FICCI’s Economic Outlook Survey has put forth an annual median GDP growth forecast for 2021-22 at 9.1 per cent. This marks a marginal improvement from the growth projection of 9 per c...

BUREAUCRATS INDIA
Oct 09, 2021

Marico recalibrates its work model, launches an all-new hybrid work framework for all its members

Mumbai: Aligned with its people-centric approach to business, Marico Limited, one of India’s leading FMCG companies, has announced its plans to enforce the hybrid model of working for its members in India from October 2...

BUREAUCRATS INDIA
Oct 08, 2021

Honeywell is setting up 10 oxygen generation plants

Pune: Honeywell Hometown Solutions India Foundation (HHSIF), the philanthropic arm of Honeywell, a Fortune 100 company, has set up 10 oxygen generation plants of 600 litres per minute (LPM) capacity in government hospitals ac...

BUREAUCRATS INDIA
Oct 08, 2021

Reduce logistic costs below 10 pc to make retail market more competitive, boosting economic growth: Union Nitin Gadkari

New Delhi: Union Minister for Road Transport and Highways Nitin Gadkari has emphasized on the reduction of logistic costs below 10 per cent for making the retail market more competitive and boosting economic growth. Addressin...

BUREAUCRATS INDIA
Oct 07, 2021

FMCG sector ushering in rapid structural reforms to make India $ 5 trillion economies: Union Minister Ashwini Kumar Choubey

New Delhi: India’s economy is well on its path to recovery and the FMCG sector is a key player in India’s $5 trillion dream, said Ashwini Kumar Choubey, Minister of State, Ministry for Consumer Affairs, Food &...

BUREAUCRATS INDIA
Oct 07, 2021

Rising energy prices also reflect increase in demand; economic cycle on upward trend: ASSOCHAM

New Delhi: Rising cost of energy, including crude oil, natural gas and coal have emerged as new challenges for policy makers but convey signals of overall worldwide demand pick-up that augurs well for sustaining, improving up...

BUREAUCRATS INDIA
Oct 02, 2021

Centre approves Rs 4,400 crore investments in ECGC in 5 years to provide support to exporters, banks

New Delhi: The Central Government under the leadership of Prime Minister Narendra Modi has undertaken a series of measures to provide a boost to the exports sector. In line with this, the government has approved capital infus...

BUREAUCRATS INDIA
Oct 01, 2021

Strategic focus and de-risking supply chains presents 2X opportunity for India in global toys market by 2025: FICCI-KPMG Report

New Delhi: Indian toy market, which is currently estimated at USD 1 billion, presents a 2x growth opportunity by 2025, according to FICCI-KPMG in India’s report. The report ‘State of play: India’s toy story-...

BUREAUCRATS INDIA
Sep 28, 2021

Setting up of NARCL a landmark development, signifies continuation of reforms: FICCI

New Delhi: Commenting on the Central government’s recent decision to set up a National Asset Reconstruction Company Limited (NARCL), Uday Shankar, President, FICCI, has said that this is a landmark development and signi...

BUREAUCRATS INDIA
Sep 25, 2021

CCI levies penalty of Rs 750 cr, Rs 120 cr on UBL, CIPL for indulging into cartelisation

New Delhi: The Competition Commission of India (CCI) has passed a final order against three beer companies, namely, United Breweries Limited (UBL), SABMiller India Limited, now renamed as Anheuser Busch InBev India Ltd after ...

BUREAUCRATS INDIA
Sep 23, 2021

FICCI welcomes Cabinet approval for PLI in auto and drones sector

New Delhi: Thanking the Central government for announcing PLI for the automotive sector, Sulajja Firodia Motwani, Chairperson, FICCI Electric Vehicle Committee, has that new initiative is aimed encouraging eco-system for the ...

BUREAUCRATS INDIA
Sep 20, 2021

JIO welcomes reforms to strengthen Indian telecom sector

Mumbai: JIO has welcomed the reforms and relief package announced by the Government of India, as these are "a timely step towards strengthening India’s telecom sector." Mukesh D Ambani, Chairman, Rel...

BUREAUCRATS INDIA
Sep 18, 2021

India should position itself as global manufacturing hub: Panasonic India CEO (India and South Asia)

New Delhi: India should position itself as a global manufacturing hub due to its cost-efficient ecosystem, said Manish Sharma, President and CEO (India and South Asia), Panasonic India, while speaking at a function organized ...

BUREAUCRATS INDIA
Sep 15, 2021

TCS: Leader and Star Performer in network transformation and managed services

Mumbai: Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has been positioned as a Leader in the Everest Group PEAK Matrix for Network Transformation and Managed Service...

BUREAUCRATS INDIA
Sep 14, 2021

Paradeep Port Trust aims to boost EXIM trade with installation of new container scanner

Jagatsinghpur (Odisha): Under the Ease of Doing Business (EoDB) initiative, a mobile x-ray container scanning system (MXCS) has been installed by Paradeep Port near the PICT terminal at a cost of Rs 30 crore for the purpose o...

BUREAUCRATS INDIA
Aug 29, 2021

SBI-PHDCCI industry roundtable to strengthen MSMEs and export ecosystem

Ludhiana: As economic rebounding is the need of the hour to brave a new world in post-pandemic times, in association with the State Bank of India (SBI), PHD Chamber of Commerce and Industry (PHDCCI) have started a new busines...

BUREAUCRATS INDIA
Aug 19, 2021

Flexible workspace operators to expand their portfolios by more than 30 per cent in next 2-3 years: FICCI-CBRE Report

Mumbai: The flexible workspace operators are looking to expand their portfolios by more than 30 per cent in next two to three years as per FICCI-CBRE ‘Future of Flexible Workspace’ report relea...

BUREAUCRATS INDIA
Aug 12, 2021

Reliance New Energy Solar to invest in Ambri Inc

Mumbai: Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), along with strategic investors Paulson & Co Inc and Bill Gates, and a few other investors, has announced an investment ...

BUREAUCRATS INDIA
Aug 09, 2021

Reliance Industries Doubling PET recycling capacity

Mumbai, August 9, 2021: Reliance Industries Limited (RIL), India’s largest private sector company is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing facility in Andhra ...

BUREAUCRATS INDIA